{
  "id": 3006730,
  "title": "Gledhow Investments confirms director appointments, CLN reduction",
  "url": "https://urgent.news/2026/08/24/gledhow-investments-confirms-director-appointments-cln-reduction",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T11:18:48.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/gledhow-investments-confirms-director-appointments-cln-reduction-93CH-4873262"
  },
  "original_language": "en",
  "account": "London - Gledhow Investments plc recently announced the appointment of two new directors, Cameron Pearce and Sam Quinn, effective immediately. Pearce holds a significant 5.41% stake in the company through 9,175,595 ordinary shares, while Quinn owns 3.43% of the shares with 5,827,652 shares. Additionally, Gledhow reported a £219,556 reduction in convertible loan notes owed to P3 Capital Limited.\n\nAs a result of this paydown, P4 Capital Limited now owns 6.50% of the company's shares, specifically 11,036,444 ordinary shares, with another 4,792,000 shares to be issued if the remaining convertible loan notes convert. On the other hand, P3 Capital Limited retains 12.52% ownership, holding 21,250,000 ordinary shares, with no additional shares expected from convertible loan note conversion.\n\nFurthermore, Gledhow has established an employee share option plan that constitutes 15% of the expanded share capital. This plan includes four tranches of 6.3 million shares, each vested at specific share price milestones - £0.02, £0.03, £0.045, and £0.06. The vesting is contingent on achieving predetermined share price levels determined by a 15-trading day volume-weighted average price. Initial allocations of employee options are distributed as 45% to Pearce, 35% to Quinn, and 20% to Guy Miller, with all options exercisable at a rate of 1 penny per share for a period of five years post-vesting.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}